Centrica strikes 15-year LNG supply deal with China’s Shenergy

Centrica strikes 15-year LNG supply deal with China’s Shenergy

British energy company Centrica has signed a binding 15-year sales and purchase agreement (SPA) for supplying 0.5 million tonnes per annum (MTPA) of liquefied natural gas (LNG) to Shanghai government-owned Shenergy Group. The agreed LNG deliveries are anticipated to begin in 2024. In January 2020, the two companies signed a heads of agreement, which is […]

NRG Energy to acquire Direct Energy from Centrica for $3.62bn

NRG Energy to acquire Direct Energy from Centrica for $3.62bn

NRG Energy acquisition of Direct Energy : US energy company NRG Energy has agreed to acquire Direct Energy, a North American subsidiary of British electric services company Centrica, in an all-cash deal worth $3.62bn. Direct Energy is a retail provider of electricity, natural gas, and energy-related products and services for homes and businesses across all […]